Cabinet also approved public-sector wage, pension hikes
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Israel strikes Rafah + Another round of negotiations scheduled for Tuesday
Egypt stressed that it has kept its side of the Rafah crossing open since the beginning of the war
Egypt, Bulgaria ink MoUs to boost natgas + defense cooperation
The two countries agreed to exempt diplomatic and service passport holders from short-stay visa requirements
Talk shows cover Israel’s attack on Rafah
Israel’s strike on Rafah gripped the attention of the nation’s talking heads last night, as the Israeli military prepared for a ground invasion of the southernmost town in Gaza. “An Israeli attack on Rafah —- where about 1.3 mn displaced Palestinians live in cramped conditions — would spell out massacres and bloodbaths,” Kelma Akhira’s Lamees […]
Dana Gas wants to reinvest USD 58 mn in Egypt. PLUS: News from Ades and Transport Ministry,
The Emirati firm wants to use the money to drill more wells and increase production
Is another US banking crisis brewing? Here’s what you need to know.
It’s looking gnarly out there for bankers in the United States and investors in their stocks.Here’s what’s on everyone’s mind: US regulators could be facing a rerun of the winter 2022-2023 regional banking crisis. Prospects of more trouble have captured the imagination of the financial press on both sides of the Atlantic after earnings in […]
2024 FEBRUARY 15-16 February (Thursday-Friday): Brazilian President Luiz Inácio Lulada Silva meets with President El Sisi in Cairo. 18 February (Sunday): The Senate reconvenes. 19-21 February (Monday-Wednesday): Egypt Energy Show, Egypt International Exhibition Center. 22 February (Thursday): The executive regulations for the new building reconciliation law will be out. 24 February-1 March (Saturday-Friday): Egypt hosts […]
THIS EVENING: Egypt’s having multiple FX rates is “disastrous,” says IMF’s Georgieva
Good afternoon, ladies and gentlemen. We’re looking at a busy start to this new week, particularly as we all wait with baited breath for updates on our IMF package. THE BIG STORY TODAY Georgieva pushes again for unified FX rate: Egypt having multiple exchange rates is “disastrous,” Al Arabiya Business quotes IMF Managing Director Kristalina […]